Osel Devices
OSELDEVICE NSE
Osel Devices
HealthcareNSE: OSELDEVICE Medical Equipment
Key Fundamentals
SMEMedical EquipmentHealthcareMarket Cap
₹658 Cr
Volatility
Moderate
P/E Ratio
22.6
EBITDA
₹53.36 Cr
Return on Equity
18.58%
Debt to Equity
0.49
Book Value
₹114.28
52W High
₹835
52W Low
₹355.25
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
2- Company has delivered good profit growth of 84.7% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.4%
Weaknesses
2- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -0.37%
Growth Rate
Revenue Growth
56.84% higher than
3Y
Net Income Growth
47.66% lower than
3Y
Cash Flow Change
-396% lower than
3Y
ROE
-62.88% lower than
3Y
ROCE
-54.65% lower than
3Y
EBITDA Margin (Avg.)
0.78% lower than
3Y
Quarterly Results
| Particulars | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 51 | 82 | 87 | 99 | 147 | 146 |
| Expenses | 42 | 68 | 74 | 79 | 122 | 117 |
| Operating Profit | 9 | 14 | 13 | 20 | 25 | 29 |
| OPM % | 17% | 17% | 15% | 20% | 17% | 20% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 2 |
| Interest | 1 | 2 | 2 | 2 | 4 | 6 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 |
| PBT | 7 | 12 | 11 | 18 | 20 | 24 |
| Tax % | 26% | 35% | 29% | 32% | 26% | 41% |
| Net Profit | 5 | 8 | 8 | 12 | 15 | 14 |
| EPS in Rs | 26.6 | 6.7 | 4.97 | 7.46 | 8.58 | 7.95 |
Profit & Loss
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 57 | 65 | 82 | 132 | 186 | 293 |
| Expenses | 55 | 61 | 73 | 110 | 153 | 239 |
| Operating Profit | 3 | 4 | 9 | 22 | 33 | 53 |
| OPM % | 4.9% | 7% | 11% | 17% | 18% | 18% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 2 |
| Interest | 0 | 1 | 1 | 3 | 3 | 10 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 |
| PBT | 2 | 3 | 7 | 19 | 29 | 44 |
| Tax % | 33% | 29% | 33% | 32% | 31% | 34% |
| Net Profit | 1 | 2 | 5 | 13 | 20 | 29 |
| EPS in Rs | 9.99 | 11.39 | 25.04 | 10.99 | 12.43 | 16.53 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity Capital | 1 | 2 | 2 | 12 | 16 | 18 |
| Reserves | 4 | 6 | 10 | 14 | 92 | 173 |
| Borrowings | 10 | 9 | 18 | 25 | 50 | 94 |
| Other Liabilities | 8 | 17 | 19 | 48 | 40 | 52 |
| Total Liabilities | 23 | 33 | 49 | 99 | 198 | 338 |
| Fixed Assets | 6 | 5 | 7 | 18 | 17 | 29 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 48 |
| Other Assets | 17 | 28 | 42 | 80 | 180 | 261 |
| Total Assets | 23 | 33 | 49 | 99 | 198 | 338 |
Cash Flow
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Operating | -3 | 3 | -11 | 13 | -38 | -20 |
| Investing | 0 | 0 | -2 | -13 | 0 | -76 |
| Financing | 5 | -2 | 8 | 4 | 53 | 89 |
| Net Cash Flow | 2 | 1 | -4 | 4 | 14 | -7 |
| Free Cash Flow | -3 | 2 | -12 | 0 | -38 | -33 |
| CFO/OP | -106 | 72 | -113 | 67 | -97 | -22 |
Ratios
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor Days | 45 | 63 | 57 | 73 | 128 | 134 |
| Inventory Days | 28 | 63 | 94 | 91 | 104 | 94 |
| Days Payable | 37 | 94 | 84 | 130 | 77 | 56 |
| Cash Conversion Cycle | 36 | 33 | 67 | 35 | 156 | 172 |
| Working Capital Days | -12 | -7 | 27 | 38 | 163 | 167 |
| ROCE % | — | 26% | 35% | 54% | 31% | 24% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Osel Devices insights
54 extracted metrics + investor summaries across FY21–FY26.
Documents
1
Copy of Newspaper Publication
3 Sep - AGM notice and annual report dispatched on September 2, 2026; advertisement published in Financial Express and Jansatta on September 3. 3 Sep - AGM notice and annual report dispatched on September 2, 2026; advertisement published in Financial Express and Jansatta on September 3.
2
Shareholders meeting
2 Sep - OSEL Devices AGM on 25 Sep 2026; agenda includes 50 crore related-party transaction, capital increase, and object clause changes. 2 Sep - OSEL Devices AGM on 25 Sep 2026; agenda includes 50 crore related-party transaction, capital increase, and object clause changes.
3
Resignation
27 Aug - Board approved CFO resignation, two reappointments, merger proposal, ₹50 crore RPTs, and authorised capital hike to ₹25 crore. 27 Aug - Board approved CFO resignation, two reappointments, merger proposal, ₹50 crore RPTs, and authorised capital hike to ₹25 crore.
4
Outcome of Board Meeting
27 Aug - Board approved CFO resignation, director reappointments, subsidiary merger, Rs 50 crore related-party transactions, and capital increase. 27 Aug - Board approved CFO resignation, director reappointments, subsidiary merger, Rs 50 crore related-party transactions, and capital increase.
5
Other Restructuring
27 Aug - Board approved merger, Rs 50 crore RPTs, capital increase, AGM on Sept 25, 2026; CFO resigned. 27 Aug - Board approved merger, Rs 50 crore RPTs, capital increase, AGM on Sept 25, 2026; CFO resigned.
Frequently Asked Questions about Osel Devices
What does OSEL Devices Ltd do?
Founded in 2006, Osel Devices Limited manufactures LED display systems and hearing aids.[1]
Where is OSEL Devices Ltd (OSELDEVICE) listed?
OSEL Devices Ltd trades as OSELDEVICE on the NSE.
Which sector does OSEL Devices Ltd belong to?
OSEL Devices Ltd is classified under the Healthcare sector, in the Medical Equipment industry.
What is the market capitalisation of OSEL Devices Ltd?
OSEL Devices Ltd has a market capitalisation of ₹658.4 Cr, which places it in the Small Cap band.
What is the PE ratio of OSEL Devices Ltd?
OSEL Devices Ltd trades at a PE ratio of 22.60, against a book value of ₹114.28 per share.
What is the 52-week high and low of OSEL Devices Ltd?
Over the last 52 weeks OSEL Devices Ltd has traded between ₹355.25 and ₹835.
What is the Return on Equity (ROE) of OSEL Devices Ltd?
OSEL Devices Ltd reported a return on equity of 18.58%. Its debt-to-equity ratio is 0.49.
Company Information
Founded in 2006, Osel Devices Limited manufactures LED display systems and hearing aids.[1]
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